Senior Underwriting Specialist

Job not on LinkedIn

August 2

🦀 Maryland – Remote

Although this job is listed in Maryland, this company may be open to hiring remote in other states.

⚔️ Virginia – Remote

Although this job is listed in Virginia, this company may be open to hiring remote in other states.

💵 $111.3k - $158.8k / year

⏰ Full Time

🟠 Senior

📋 Underwriter

🦅 H1B Visa Sponsor

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Cisco

WebsiteLinkedInAll Job Openings

Cybersecurity • Telecommunications • Enterprise

Cisco is a leading technology company that provides products and services related to networking, cybersecurity, and communication technologies. The company is known for its wide range of solutions that include secure email gateway systems, URL filtering, and comprehensive network security measures. Cisco's offerings are designed to protect businesses from web-based threats, improve communication, and enforce corporate compliance and acceptable use policies. With a strong focus on innovation and security, Cisco caters to the needs of enterprises across various sectors worldwide.

10,000+ employees

Founded 1984

🔒 Cybersecurity

📡 Telecommunications

🏢 Enterprise

💰 $2.5M Series A on 1987-01

📋 Description

• Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite. • Develops and implements advanced risk assessment models to make informed decisions on coverage, pricing, and terms. • Fosters strategic partnerships with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance. • Procures and analyzes supplementary reports and screenings, such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions. • Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations. • Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation. • Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers. • Monitors and shares insights on industry trends, regulatory changes, and market conditions. • Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business. • Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes. • May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports. • Performs other duties as assigned.

🎯 Requirements

• Education: Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience. • Experience: Generally, a minimum of 5 years of experience in Underwriting or a related field. • Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM). • Familiar with moderately complex concepts, practices and procedures. • Maintains strong knowledge of company policies and industry laws and regulations. • Excellent interpersonal and communication skills. • Demonstrates strong analytical skills with attention to detail. • Strong negotiation and decision-making ability. • Position requires occasional travel.

🏖️ Benefits

• Compensation varies by role, position level, and location. • Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs. • We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one. • PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. • These benefits are available to eligible full-time and part-time employees.